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ALL From Gemini

Gemini chooses Dublin as its European HQ

US-based crypto exchange Gemini has announced Dublin as its European headquarters, citing the city's "deep talent pool and thriving start-up scene" as reasons for the move. Gemini, founded in 2014 by the Winklevoss brothers, allows users to buy, hold, and sell cryptocurrencies and NFTs.

Gemini Co-Founders Considering Opening Second Headquarters in UK Amid US Regulatory Uncertainty

Gemini co-founders Cameron and Tyler Winklevoss are exploring the possibility of opening a second headquarters in the United Kingdom. The move is part of a larger plan to expand the business’s footprint outside of the United States as regulatory scrutiny increases.

Philippine SEC Warns Public Against Unregistered Gemini Derivatives Product

The Securities and Exchange Commission (SEC) in the Philippines has issued a warning to the public about investing in Gemini Derivatives, which falls under the category of securities according to Philippine law and should be registered with the SEC. However, Gemini lacks the necessary licensing and authority to operate in the country, making it an unregistered security.

Breaking: Gemini Derivatives Exchange Reprimanded In Philippines

Regulators in the Philippines have issued a warning to Gemini, a cryptocurrency exchange, for operating its derivatives exchange without authorization in the country.

Gemini Cryptocurrency Exchange Faces Turmoil as Digital Currency Group Defaults on $630 Million Payment

Gemini, a cryptocurrency exchange, has been dealt a severe blow as Digital Currency Group (DCG), the parent company of Genesis Global Capital, defaults on a payment of $630 million. This has caused tension between Gemini and DCG, with allegations of unregistered securities sales and mixed funds leading to the U.S. Securities and Exchange Commission (SEC) calling both firms to account. Despite ongoing negotiations, Gemini is considering an alternative route to resolve the issue and is preparing a claim to recoup over $1.1 billion in digital assets from Genesis on behalf of its users. This situation highlights the need for increased regulatory oversight in the cryptocurrency industry.

DCG Misses $630M Payment to Gemini, Faces Lawsuit Threat and Bankruptcy Dispute

Digital Currency Group (DCG) has failed to make a $630 million payment to Gemini, leading to threats of legal action from Gemini CEO Cameron Winklevoss. The dispute centers around a $900 million loan that Genesis, a DCG entity, filed for Chapter 11 bankruptcy over. Both Genesis and CoinDesk are owned by DCG, and the U.S. SEC has accused both firms of selling unregistered securities through their Earn program. Gemini is seeking the return of over $1.1 billion in digital assets from Genesis for its over 200,000 Earn users and is proposing an amended reorganization plan that doesn't require DCG's approval.

Gemini Cryptocurrency Exchange Lists $PEPE Meme Token for Trading, Boosting Its Popularity in the Digital Currency Market.

Gemini cryptocurrency exchange has announced the listing of the $PEPE meme token, which has already gained a significant online following, for trading on its platform. This move highlights the increasing demand for alternative digital assets beyond mainstream cryptocurrencies like Bitcoin and Ethereum. The $PEPE token is a community-driven project that aims to create a decentralized platform for creators, artists, and influencers to showcase their work and monetize their content. With the listing on Gemini, $PEPE holders can now trade the token on one of the most respected cryptocurrency exchanges in the world, potentially reaching new all-time highs.

Coinbase Calls PEPE a ‘Hate Symbol,’ Prompting Calls To Boycott the Exchange

Coinbase has come under fire from the memecoin community after an email sent to customers referred to Pepe (PEPE) as a "hate symbol" co-opted by alt-right groups. The email cited a 2016 decision from the Anti-Defamation League to place the frog-themed character in its database of online hate symbols.

Gemini Adds Support for PEPE Meme Coin, Following Binance and Other Exchanges

Gemini, a leading cryptocurrency exchange, has added the PEPE meme coin to its list of tradable assets. This move follows similar listings on other exchanges such as Binance, OKX, and Huobi. The price of PEPE has seen a remarkable surge of over 800% to $0.0000040, with a market capitalization of more than $1.5 billion. Gemini will first offer trading for the USD trading pair on its API/FIX and ActiveTrader applications, with trading expected to be available soon on its mobile app and website for various currency pairs. However, popular crypto analyst Michael van de Poppe predicts a possible dip in PEPE's price before a significant relief rally.

Crypto Morning Briefing: White House Wants Crypto Miners To Pay 30% Climate Change Tax

Blur NFT Lending Surpasses $16M in Loans, Led by Matchi Big Brother; Gemini Launches Derivative Platform in 30 Countries; Coinbase Will Never Delist ETH as XRP, Top Lawyer States Why
Crypto Morning Briefing: White House Wants Crypto Miners To Pay 30% Climate Change Tax